233. Rates Plummet After Fed Announcement: Is it Enough to Kickstart the CRE Market? Our Hot Takes

In this episode of The TreppWire Podcast, we digest the Fed’s decision to hold rates steady, along with the declaration that there will be three rate cuts in 2024. We share our initial reactions, the 'nirvana day' market reaction and our hot takes on what it means for CRE, CMBS issuance, and bank lending. We also share some major office and retail headlines, showing it isn’t all roses in the CRE market. Tune in now.

This episode is sponsored by Spinoso Real Estate Group: https://spinosoreg.com/mall-investment-opportunity-and-operating-platform/?utm_source=TreppWire&utm_medium=TreppWire+Digital+Content&utm_campaign=TreppWire+Dec+Jan+2023+2024+Sponsorship

Episode Notes:

• Economic update: Fed decision and market reaction (0:23)
• Other data points: CPI, PPI, jobs (6:10)
• Hot takes: Impact of Fed decision on CRE (8:40)
• Office crabgrass (21:45)
• Office loan extensions (30:37)
• Green shoots for office (33:02)
• Macy's buyout (39:43)
• Retail news (42:20)
• Shoutouts (47:25)

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